WOODVILLE &
MEELICK
PORTLAOISE
CO.LAOIS
Before
a packed attendance on Tuesday last Jordan Auctioneers offered for sale
Woodville House on 18 acres and 100 acres of agricultural land at Meelick
Portlaoise, Co.Laois. The land was offered for sale in 3 lots and while there
were several bidders for lot 1 & lot 2 it developed that the entire was
making more and this was put on the market at €1,300,000 before being sold for €1,350,000
to a local farming family. Jordan’s had guided the 100 acres at €1,000,000 so
the sale price of €13,500 per acre was a strong reflection both of the market
and the quality of the land.
The
entire was located a short distance from Junction 17, less than 3km from
Portlaoise town centre with approximately 80 acres in one block with two
farmyards and a further 20 acres on the opposite side of the Motorway.
Next
up was Woodville House which adjoined the above lands and this opened with an
initial offer of €500,000 with two active bidders. The property was placed on
the market at €610,000 and a number of further bids were received before the
hammer dropped at €630,000 to a Solicitor acting in trust on behalf of
an undisclosed client. Jordan’s had been
guiding this lot at €625,000.
Woodville,
owned by the Odlum family was described by Jordan’s as a charming Georgian
Residence with courtyard and Gate Lodge on c. 18 Acres of parkland and amenity
grounds. Built originally in the 1800s the residence comprises c.5,000 sq.ft of
accommodation and whilst in good repair required some upgrading.
Speaking after
the Auction Paddy Jordan said ‘both
properties had generated substantial interest throughout the marketing period
and while the house did require some upgrading it was in a good location surrounded
by splendid mature timber and within close proximity of the M7 and Portlaoise
town centre’. Paddy further said ‘the
land, whilst all very good is likely to have some long term potential and
although the price achieved was strong it could in time prove to be an
excellent purchase’
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